Allbirds: Q3 Earnings Insights - Allbirds (NASDAQ:BIRD)

Allbirds BIRD reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Allbirds beat estimated earnings by 4.55%, reporting an EPS of $-0.21 versus an estimate of $-0.22.

Revenue was down $15.41 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 29.69% increase in the share price the next day.

Here's a look at Allbirds's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.22	-0.24	-0.12	-0.17
EPS Actual	-0.19	-0.21	-0.17	-0.15
Revenue Estimate	66.81M	47.94M	96.80M	67.78M
Revenue Actual	70.48M	54.35M	84.18M	72.65M

To track all earnings releases for Allbirds visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.